An Giang earns over 41 million USD from rice exports

Illustrative image (Source: VNA)

An Giang (VNA) – The Mekong Delta province of An Giang shipped abroad 83,920 tonnes of rice in the first three months of 2018 for 41.1 million USD, up 18,3 percent in volume and 28.8 percent in value over the same period last year.

According to Vo Nguyen Nam, Director of the Department of Industry and Trade, An Giang’s rice has been exported to 21 countries, mostly Asian ones with 83.7 percent. A rise of 30.4 percent was seen in the African market.

In the first three months of this year, rice price was 487 USD per tonne averagely, a rise of about 43 USD per tonne over the same time last year.

Nam said that global demand of rice is forecast to continue rising. The good results in the locality’s rice exports in the first quarter of 2018 was due to high demand from traditional markets of Indonesia, the Philippines, Malaysia and a number of new markets like Bangladesh.

Meanwhile, Tran Anh Thu, Director of the Department of Agriculture and Rural Development, said that farmers in An Giang have used high-quality rice varieties in 72 percent of total rice farming area in this Winter-Spring crop, thus enhancing the quality of the province’s rice and contributing to facilitate exports.

Thu revealed that An Giang is developing the An Giang rice trade mark to 2020 with a vision to 2030, while preparing to issue a rice export market development strategy in the 2017-2020 period, aiming to improve the competitiveness of the grain